JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) Shares Purchased by Patten & Patten Inc. TN

Patten & Patten Inc. TN raised its holdings in shares of JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) by 8.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 256,639 shares of the company’s stock after buying an additional 20,802 shares during the period. JPMorgan Hedged Equity Laddered Overlay ETF comprises 1.1% of Patten & Patten Inc. TN’s investment portfolio, making the stock its 24th largest position. Patten & Patten Inc. TN owned 2.37% of JPMorgan Hedged Equity Laddered Overlay ETF worth $15,922,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in HELO. Strategic Financial Concepts LLC lifted its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 10,269.2% during the fourth quarter. Strategic Financial Concepts LLC now owns 2,029,675 shares of the company’s stock worth $125,921,000 after purchasing an additional 2,010,101 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the fourth quarter worth $72,681,000. Dynasty Wealth Management LLC acquired a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the fourth quarter worth $63,630,000. Legacy Financial Group LLC lifted its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 978.8% during the fourth quarter. Legacy Financial Group LLC now owns 895,479 shares of the company’s stock worth $55,556,000 after purchasing an additional 812,471 shares in the last quarter. Finally, Forvis Mazars Wealth Advisors LLC lifted its position in shares of JPMorgan Hedged Equity Laddered Overlay ETF by 43.3% during the fourth quarter. Forvis Mazars Wealth Advisors LLC now owns 1,385,589 shares of the company’s stock worth $85,962,000 after purchasing an additional 418,404 shares in the last quarter.

JPMorgan Hedged Equity Laddered Overlay ETF Trading Up 1.0 %

NYSEARCA HELO opened at $60.49 on Friday. The company’s fifty day simple moving average is $62.40 and its 200-day simple moving average is $61.95. JPMorgan Hedged Equity Laddered Overlay ETF has a 52 week low of $54.24 and a 52 week high of $63.81. The stock has a market cap of $2.74 billion, a P/E ratio of 26.59 and a beta of 0.56.

JPMorgan Hedged Equity Laddered Overlay ETF Company Profile

The JPMorgan Hedged Equity Laddered Overlay ETF JPMorgan Hedged Equity Laddered Overlay ETF (HELO) is an exchange-traded fund that mostly invests in large cap equity. The fund actively manages a large-cap US equity portfolio with a laddered options overlay that seeks to provide downside protection, while foregoing some upside potential.